Amancio Ortega is a Spanish businessman commonly known as the founder and CEO of the fashion company Inditex. He is the wealthiest person in Spain. Amancio Ortega Net Worth 2023 has been estimated to be approximately $70 Billion. He is considered the head of the Ortega family and the second-richest retailer in the world. Inditex’s fashion chains, such as Zara clothing and accessories shops, have made him popular globally. Learn more exciting facts about Amancio Ortega’s Lifestyle, fashion chains, birthday, family, spouse, cars, and home in detail.
Amancio Ortega Net Worth Today 2023
Amancio Ortega was born on 28 March 1936 to their parents, Josefina Gaona Hernández and Antonio Ortega Rodríguez, in Leon, Spain. His father worked as a railroad worker, and his mother was a housewife. He was raised in Tolosa, a town in Northern Spain. Amancio Ortega Net Worth is estimated to be $70 Billion, mainly from the shares he owns in the Inditex company.
He owns 59$ of Inditex, the world’s largest clothing retailer brand. His other company Arteixo is considered the parent of the Zara company and the other seven retail brands. His retail brands operated in more than 7400 stores and had a land revenue of $27.7 Billion in the year. He owns other retail companies such as Pull and Bear, Bershka, Massimo Dutti, Stradivarius, and others. Moreover, Amancio Ortega also holds premium offices and other retail properties worldwide.
Amancio Ortega Profile
|Name:-||Amancio Ortega Gaona|
|Birth Date:-||28 March 1936|
|Birth Place:-||Leon, Spain|
|Height:-||5 feet 6 inches|
|Mother:-||Josefa Gaona Hernández|
|Father:-||Antonio Ortega Rodríguez|
|Net Worth:-||$70 Billion|
|School:-||Local School in Spain|
|Wife:-||Rosalía Mera (married 1966; divorced: 1986), Flora Perez Marcote(Married : 2001)|
|Kids:-||Marcos, Sandra Ortega Mera, Marta Ortega Pérez|
|Profession:-||Founder, Chairman and CEO of Inditex(Zara), Spanish Businessman|
|Company Established:-||Zara established in 1975|
|House:-||Owner of Skyscrapers namely Torre Picasso in Madrid and hotels such as Epic Residences in Miami, Florida.|
|Cars:-||Audi A8, Black Mercedes-Benz S-Class (W221) and a Black Mercedes-Benz GL-Class (X166)|
|Yachts:-||Drizzle and Valoria B|
|Private Jets:-||Gulfstream G650 and Bombardier Global Express|
Amancio Ortega Social Media Account
Amancio Ortega Biography
Amancio Ortega started making clothes with his siblings and his future wife, Rosalia Mera, in their home in the early 1960s. He opened his first Zara store in downtown La Coruna, Spain. After ten years, Amancio Ortega incorporated his brand Zara into a fashion holding, namely Inditex. At that time, he and his wife separated, but Mera was still considered the second highest shareholder in the Inditex company.
Amancio Ortega owns 59% of the total shares of the Inditex company. Inditex displays other brands, and most of the time, it shows Zara clothing and accessories. Zara has nearly 3,000 shops or stores worldwide in 96 countries. Moreover, you can do shopping from the Zara Online website. His other company, Pull and Bear, has 370 stores in 76 markets around Europe, Africa, the Middle East, Asia, and South America. Another brand Bershka owns a total revenue of 9% of Inditex, and it is regarded as the second-largest store chain in the world of fashion.
Inditex is regarded as the fast fashion growing group, whose revenue reportedly increased from 27.7 Billion euros to $29.1 Billion in the fiscal year of 2021. Moreover, this company is close to becoming one of the world’s largest-commerce sellers. He has a monthly salary of $486 Million and $5.8 Billion as his yearly income. He makes most of his income from the fashion chains of the Zara brand and other retail companies.
Amancio Ortega is the 15th wealthiest person in the world and owns luxurious properties in various areas and places across the globe. He owns properties such as Skyscrapers, Torre Picasso in Madrid, and hotels such as Epic Residences in Miami, Florida.
He owns a luxurious car collection of an Audi A8, Black Mercedes-Benz S-Class (W221), and a Black Mercedes-Benz GL-Class (X166). Other than this, he also owns private jets and yachts. He holds two yachts, Drizzle and Valoria B, and private jets, Gulfstream G650 and Bombardier Global Express.
Personal Life and Hobbies
Per the reports, he is less fond of revealing his personal life on the screen and during interviews. He married 1966 his girlfriend Rosalia Mera Goyenechea, with whom he started his first Zara clothing and accessories store in Spain. The couple had two children, namely Macros and Sandra Ortega Mera.
When Ortega incorporated his Zara brand into Inditex holding, the couple separated and divorced in 1986. His first wife died at the age of 69 in August 2013. In 2001, Ortega married again to his second wife, Flora Perez Marcote. He had a daughter with his second wife, Marta Ortega Perez, in 1984. He mostly lives with his wife in his luxurious apartment in Coruna, Spain.
Education and Qualification
Amancio Ortega, the Spanish billionaire businessman and founder of Inditex (Zara), has no higher education degree or formal qualifications. He is considered a self-made man who built his empire through hard work and business acumen. He left schooling, moved to A Coruna in Spain, and worked as a local shirtmaker for Gala.
FAQ Regarding Amancio Ortega
Ques: How much is Amancio Ortega Net Worth estimated?
Ans: Amancio Ortega Net Worth is estimated to be approximately $70 Billion, according to recent reports making him the third wealthiest person in Spain.
Ques: When did Amancio Ortega start his first Zara store, and in which country?
Ans: Amancio Ortega started his first store of Zara clothing and Accessories in A Coruna, Spain, in 1975 with the support of his siblings and his future wife, Rosalia Mera.